What is the global market size of Recycled Construction Aggregates Market?

Recycled Construction Aggregates Market size was valued at USD 33.3 billion in 2019 and is poised to grow from USD 35.7 billion in 2023 to USD 66.74 billion by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).

Who are the key vendors in the Global Recycled Construction Aggregates Market?

Strong market competition, technological advancements, and progressive governmental regulations are major drivers of industry growth. On the basis of product quality, pricing, dependability, and usability, the providers compete. The British Columbia Ministry of Transportation and Infrastructure has granted Lafarge Holcim an infrastructure contract for over $100 million CAD for a significant highway enhancement project in Vancouver, Canada. Additionally, Lafarge Holcim purchased Colorado-based ready-mix concrete supplier Metro Mix from LCC. 'LafargeHolcim Ltd.', 'CEMEX S.A.B. de C.V.', 'HeidelbergCement AG', 'CRH plc', 'Vicat S.A.', 'Boral Limited', 'Eurovia SAS (a subsidiary of Vinci SA)', 'Aggregate Industries UK Ltd. (a subsidiary of LafargeHolcim Ltd.)', 'Martin Marietta Materials, Inc.', 'Vulcan Materials Company', 'Wienerberger AG', 'Tarmac Trading Limited (a subsidiary of CRH plc)', 'Hanson Limited (a subsidiary of HeidelbergCement AG)', 'Oldcastle Materials, Inc. (a subsidiary of CRH plc)', 'CEMENTOCEM S.p.A. (a subsidiary of HeidelbergCement AG)', 'Breedon Group plc', 'Waste Management, Inc.', 'Suez S.A.', 'R.W. Sidley, Inc.', 'Cherry Companies'

Recycled Construction Aggregates Market Size

Recycled Construction Aggregates Market Insights

Recycled Construction Aggregates Market size was valued at USD 35.7 Billion in 2023 and is poised to grow from USD 38.27 Billion in 2024 to USD 71.55 Billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).

The growing trend of enhancing the sustainability of the building sector is the primary driver for recycled construction aggregates. Natural construction aggregates are increasingly being replaced by recycled ones (RCA). Concrete, recycled unbound materials, crushed bricks and masonry, and crushed asphalt are examples of these aggregates. One important quality that makes RCA desirable is their propensity to result in a suitable mix design, especially when combined with additional cementitious ingredients. One important factor that is securing the potential of the market for recycled building aggregates is the ecologically benign nature of recycling. Construction and demolition trash can be recycled thanks to the techniques.

Early adopters in the market for recycled construction aggregates are nations that are worried about the depletion of natural resources. Europe's people serve as an example. Significant improvements in waste-treatment facilities and an emphasis on manufacturers to make installations easier have boosted market prospects. The market is growing as a result of significant advancements in the quality of RCA laboratory studies. This has encouraged producers to use superplasticizers to make recycled building aggregates more workable. The use of recycling building debris has expanded with the introduction of higher-performing additives. Over the past few years, a number of nations have developed standards that appear to stimulate the demand for recycled building aggregates. The development of the market is now being aided by the expanding usage of fine recycled aggregates in the building sector. The goal of stakeholders is to create RCS with improved mechanical and rheological performance. In order to achieve this, a variety of techniques have emerged. The potential of recycled construction aggregates is increasing as a result of the development of materials that help cement-based materials be reinforced. In this regard, recent trials with metallic or polypropylene fibers have indicated some promise.

US Recycled Construction Aggregates Market is poised to grow at a sustainable CAGR for the next forecast year.

FAQs

Strong market competition, technological advancements, and progressive governmental regulations are major drivers of industry growth. On the basis of product quality, pricing, dependability, and usability, the providers compete. The British Columbia Ministry of Transportation and Infrastructure has granted Lafarge Holcim an infrastructure contract for over $100 million CAD for a significant highway enhancement project in Vancouver, Canada. Additionally, Lafarge Holcim purchased Colorado-based ready-mix concrete supplier Metro Mix from LCC. 'CEMEX S.A.B. de C.V. ', 'HeidelbergCement AG ', 'CRH plc ', 'Vicat S.A. ', 'Boral Limited ', 'Eurovia SAS (a subsidiary of Vinci SA) ', 'Martin Marietta Materials, Inc. ', 'Vulcan Materials Company ', 'Wienerberger AG ', 'HeidelbergCement AG ', 'Breedon Group plc ', 'Waste Management, Inc. ', 'R.W. Sidley, Inc. ', 'Cherry Companies '

Crushed stone, cement concrete, sand, and gravel are all included in the broad category of recycled building aggregates. For use in home construction and other infrastructure projects, it has emerged as a crucial and efficient alternative supply. During the projection period, it is anticipated that the rapid global expansion of the building industry will increase demand for recycled construction aggregates.

The negative environmental effects of cement production are reduced when concrete aggregate is created from recycled resources, resulting in a more environmentally friendly end product. The growing use of concrete as a building material and the need for non-renewable raw materials, such as aggregate, are driving up the price of these resources. Road and pavement construction, bridge construction, bulk filling, riverbank protection, concrete production, and other construction activities all make extensive use of recycled concrete aggregates. As a result, recycled concrete aggregates are becoming more and more in demand as a sustainable source of materials.

The largest market for recycled construction aggregates is the Asia Pacific. Europe and North America come next. During the projection period, there is anticipated to be a rise in demand for recycled construction aggregates, particularly in China, Japan, and South Korea. In addition, it is predicted that increased demand for environmentally friendly recycled materials in the building and construction sector in Asia Pacific's developing nations, including China, India, Indonesia, and Vietnam, will open up lucrative business opportunities for regional recyclers and producers of recycled construction aggregates. One major factor projected to drive the market in the area during the forecast period is an increase in government investment in the building industry in developing economies in Asia and the Pacific.